Newbie questions

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Hi all,

I have returned to meta trader after looking at it some time back, at the time I just could not get my head around it. if anyone can anser these hopefully simple questions it would give me a really good head start.

1) which Is best MT4 or 5 for trader mainly doing FTSE 100 + SPX pair trading (after I write some code that is)

2) From what I can see you can get MT4 / 5 yourself or from a broker which is best and is there a difference like they customise it?

3) Do I just get MTX and then pay for a data feed or does data feed come from broker?

4) Please Recommend broker / data feeds (I am in UK)

5) as all I have ever used are spread betting companies and thier software any idea of broker charges transaction and monthly would be a great help.

EDIT: forgot to mention I will be trading intraday so need fast price update ideally, not sure if this has any bearing on data feed / broker

Well think that's it apart from says hope I'm not be too much of a pain / newbie by asking these

Seve

 

I use Alpari in the UK. The only problems I have had are because I didn't understand how things were done rather than being their fault. One of my accounts with them is a Spread Betting account.

You can't use MT5 on live accounts with Alpari; I'm not sure if it is live with other brokers yet. I only trade FOREX and metals. There are no charges associated with any of my accounts apart from the over night swap cost and the spread.

https://alpari.com/en/rollover_interest.html

https://alpari.com/en/forex-trading/spreads-and-margins.html

 

Thanks dabbler, Ironically I found alpari after writing post, do they do FTSE/SPX or are they just Forex?

Thanks

Steve

 
scarr:

Thanks dabbler, Ironically I found alpari after writing post, do they do FTSE/SPX or are they just Forex?

Thanks

Steve

https://alpari.com/en/cfd-trading/share-cfds/metatrader4.html


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